The bustling city of Shanghai is once again at the forefront of international trade as the 7th China International Import Expo (CIIE) opened its doors on Tuesday. As the world's first national-level expo dedicated solely to imports, the CIIE has become a significant platform for promoting global trade and opening up China's vast market to the world.
Chinese Premier Li Qiang delivered an inspiring keynote speech at the opening ceremony, emphasizing China's commitment to further opening up and fostering a business-friendly environment for foreign enterprises. The ceremony also marked the commencement of the Hongqiao International Economic Forum, a parallel event focused on facilitating high-level discussions on international economic cooperation.
This year's expo, running from November 5 to 10, has attracted a record-breaking 3,496 exhibitors from 129 countries and regions. Among them are 297 Fortune Global 500 companies and industry leaders, signaling strong international confidence in the Chinese market despite challenges in the global economic recovery.
Attendees can look forward to the unveiling of over 400 new products, technologies, and services, highlighting the latest innovations across various sectors. These offerings not only showcase global companies' cutting-edge developments but also demonstrate their commitment to expanding their presence in China.
Experts believe that the robust participation and the introduction of new innovations at the expo underscore the strategic importance of the Chinese market for international businesses. The event serves as a testament to China's role as a key driver of global economic growth and its openness to international collaboration.
The 7th CIIE not only provides a platform for enterprises to explore new business opportunities but also fosters cultural exchange and mutual understanding among nations. As the world navigates economic uncertainties, platforms like the CIIE are crucial in strengthening international ties and promoting shared prosperity.
Reference(s):
cgtn.com
